Tag: Natural Gas

Record natural gas, resulting power prices cause alarm in Europe’s steel industry

Reports in the media that natural gas prices in the U.K. have more than quadrupled over the last year to highs of 180p per therm from around 40p per therm this time last year are making headlines. This is largely because of the impact on small, startup gas suppliers who have been forced out of […]

This Morning in Metals: Natural gas exports to exceed imports this year, EIA forecasts

This morning in metals news: the Energy Information Administration forecast U.S. natural gas exports will exceed imports this year; aluminum prices remained near 10-year highs last week; and, finally, the Associated General Contractors of America reported on the rise in construction input costs. The MetalMiner Best Practice Library offers a wealth of knowledge and tips […]

This Morning in Metals: Senate passes $1T infrastructure bill

This morning in metals news: the U.S. Senate on Tuesday voted to pass a $1 trillion infrastructure bill; the Consumer Price Index for All Urban Consumers rose once again in July; and, finally, the Energy Information Administration forecast lower-than-average natural gas inventories heading into the winter heating season. You want more MetalMiner on your terms. […]

Natural gas prices adding to inflationary cost pressures

Commodities in the form of metals and agricultural products are not the only goods facing price inflation this year. Power costs have been driven higher by a combination of pandemic bounce-back, extreme weather in the U.S., Europe and Russia this summer, and supply constraints. Are you prepared for your annual steel contract negotiations? Be sure […]

This Morning in Metals: Copper prices stabilize after cooling

This morning in metals news: copper prices have stabilized over the last month; U.S. natural gas prices have surged to their highest level since 2014; and, lastly, Cleveland-Cliffs released its second-quarter results. Receive the latest short-term and long-term outlook for the full range of industrial metals (base and ferrous) at the annual MetalMiner Forecasting Workshop […]

This Morning in Metals: Rio Tinto reports Q2 production results

This morning in metals news: Rio Tinto reported its Q2 production results; U.S. unemployment rates were down in seven states in June; and, lastly, the U.S. once again led the way in petroleum and natural gas production last year. You want more MetalMiner on your terms. Sign up for weekly email updates here. Rio Tinto […]

Today’s Metal News: US steel capacity utilization climbs to 82.9%.

This morning in metals news: the U.S. steel sector’s capacity utilization rate rose to 82.9% last week; Cleveland-Cliffs will demolish the site of the former AK Steel Ashland mill; and, lastly, the Energy Information Administration sees higher natural gas prices in the year ahead. The MetalMiner Best Practice Library offers a wealth of knowledge and […]

This Morning in Metals: China auto sales fall 3.1% year over year in May

This morning in metals news: China auto sales cooled in May, according to the China Association of Automobile Manufacturers; production of crude oil and natural gas in New Mexico reached a record high in March; and, lastly, labor productivity fell in 13 of 29 service-providing industries in the U.S. last year. Stay up to date […]

This Morning in Metals: Norsk Hydro explores potential uses for bauxite residue

This morning in metals news: Oslo-based Norsk Hydro has reached an agreement with a Brazilian university to explore the potential uses of bauxite residue from its mining operations; US natural gas-fired generation declined over the first four months of the year; and existing-home sales fell in April. Each month, MetalMiner hosts a webinar on a […]

This Morning in Metals: Century Aluminum reports Q1 net loss despite 14% sales jump

This morning in metals news: Century Aluminum released its Q1 financial results; meanwhile, copper prices continue to surge; and natural gas production plummeted during what was a frigid February in the US. The MetalMiner Best Practice Library offers a wealth of knowledge to help buyers stay on top of metals markets. Century Aluminum releases Q1 […]

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